Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

...MORE

This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

2331 Leu Rd Orlando, FL 32803

3 Beds 2 Baths 1,976 sqft Built 1954
Last updated:  Nov 28, 2019

INVESTimate

$469,568

$438K - $501K

Price Est.

$1,925

$1.8K - $2.0K

Rent Est.

$479,758  ( +2.17%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 1927 MACONDRAY DRIVE Humble, TX
    • 3 beds 2 baths ∙ 1,791 Sqft ∙ Built 2009 ∙ 1units 3 beds 2 baths ∙ 1,791 Sqft ∙ Built 2009 ∙ 1units
    AVAILABLE
    • 19.65% GROSS YIELD
    • $7,394 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $95,900
    • $31,164
    • $1,570
  • 27440 N ALMA SCHOOL PARKWAY #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 4338 KENMORE ROAD Indianapolis, IN
    • 4 beds 2 baths ∙ 1,300 Sqft ∙ Built 1959 ∙ 1units 4 beds 2 baths ∙ 1,300 Sqft ∙ Built 1959 ∙ 1units
    AVAILABLE
    • 14.13% GROSS YIELD
    • $6,112 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,000
    • $26,685
    • $930
  • 2801 Snapfinger MANOR Decatur, GA
    • 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003
    AVAILABLE
    • 14.03% GROSS YIELD
    • $8,209 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $124,000
    • $38,610
    • $1,450

2331 Leu Rd PROPERTY INFO

FACTS
  • Built In 1954
  • Price/Sqft : $237.64
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,976 sqft
  • Baths : 2 Full

2331 Leu Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
AUDUBON PARK SCHOOL Primary Unknown NA
AUDUBON PARK SCHOOL Middle Unknown NA
WINTER PARK HIGH SCHOOL High Magnet 3,387 177 8

AUDUBON PARK SCHOOL

  • Education Level: Primary
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

AUDUBON PARK SCHOOL

  • Education Level: Middle
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

WINTER PARK HIGH SCHOOL

  • Education Level: High
  • # of students: 3,387
  • # of teachers: 177
8
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Rowena Gardens

  • 294

    POPULATION
  • 149

    HOUSEHOLDS
  • 88.8%

    WHITE COLLAR

Neighborhood : Rowena Gardens

HOUSEHOLDS
149
POPULATION

294

23.3%Renters
76.7%Home Owners
LABOR FORCE

 

88.8%White Collar
11.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,925 per month.

MY RENT : $1,925 MEDIAN RENT : $2,542

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,925 would therefore be considered affordable for annual household incomes greater than $77,000 (12 months x 3.333 x $1,925).

Rent % Affordability
Above $500 81.9%
Above $700 80.4%
Above $1,100 73.6%
Above $1,500 69.4%
Above $1,900 51.3%
HOUSEHOLD INCOME RANGE

Approximately 78 of households in this neighborhood have a total annual income of $77,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,925 per month.

MINIMUM INCOME RANGE : $77,000

Income % Distribution
<$20K 18.1%
$20K-$35K 5.6%
$35K-$60K 6.9%
$60K-$100K 20.1%
>=$100K 49.3%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 6.4%
10-14 mins 27.9%
15-19 mins 19.3%
20-29 mins 21.4%
30-44 mins 12.1%
45-59 mins 3.6%
>60 mins 9.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,925 per month.

MY RENT : $1,925 MEDIAN RENT : $2,542

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,925 would therefore be considered affordable for annual household incomes greater than $77,000 (12 months x 3.333 x $1,925).

Rent % Affordability
Above $500 81.9%
Above $700 80.4%
Above $1,100 73.6%
Above $1,500 69.4%
Above $1,900 51.3%
HOUSEHOLD INCOME RANGE

Approximately 78 of households in this neighborhood have a total annual income of $77,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,925 per month.

MINIMUM INCOME RANGE : $77,000

Income % Distribution
<$20K 18.1%
$20K-$35K 5.6%
$35K-$60K 6.9%
$60K-$100K 20.1%
>=$100K 49.3%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 6.4%
10-14 mins 27.9%
15-19 mins 19.3%
20-29 mins 21.4%
30-44 mins 12.1%
45-59 mins 3.6%
>60 mins 9.3%

Rowena Gardens Demographics

INDUSTRY

Industry % Distribution
Educational Services 14.0%
Financial Industries 12.7%
Health Care & Social Assistance 15.9%
Professional & Scientific Tech Services 14.0%
Real Estate 7.6%
Retail & Wholesale Trader 10.8%
Other 24.8%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 20% is 24 or younger and 23% is 65 or older.

Age % Distribution
<15 15.0%
15-19 5.4%
20-24 0.0%
25-44 21.8%
45-65 34.4%
66+ 23.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.8%
Construction 12.8%
Legal 9.4%
Management, Business, & Financial 29.1%
Production & Transportation 7.7%
Sales & Office 14.5%
Other 19.7%
HIGHEST EDUCATION LEVEL

38% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.4%
High School 11.3%
Masters Degree 21.8%
Professional 7.5%
Some College 3.8%
Other 47.3%

2331 Leu Rd Comps

Sorry, we do not have sufficient data available.

2331 Leu Rd, Orlando, FL 32803 is a single family home of 1,976 sqft. HomeUnion INVESTimateĀ® for 2331 Leu Rd includes a Price Estimate of $469,568 and a Rent Estimate of $1,925. This single family home has 3 bedrooms,2 bathrooms, and was built in 1954. This property has an estimated 15 year annualized Yield of 4.92% and Total Return of 7.78%. The estimated 1 year forecast in home value for 2331 Leu Rd is 2.17%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , ORANGE County , or the 32803 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 32789
  2. 32814
  3. 32804
  4. 32792
  5. 32801